A business in the Sturgeon Bay Industrial Park is going to be closing its doors but an existing company is ready to fill the void.
Parcus Medical, a medical equipment and supply company at 839 South Neenah Avenue, is moving its operations to Sarasota, Florida.
But next-door Northeast Wisconsin Industries has purchased the 67,000 square foot building and will be using it to expand its business.
Parcus President Mark Brunsvold says the primary reason for his company's move is to be in a better climate to find employees like engineers and regulatory personnel.
"Where we're going, within 60 miles there's a couple million people," says Brunsvold.
Sturgeon Bay Mayor Thad Birmingham says the lack of a large pool of high-skill employees has "historically been a struggle" for Sturgeon Bay. But he says he's very pleased that NEW Industries is poised to fill the void.
"I think having a ready-made industry to step in for that vacant space is awesome," says Birmingham.
NEW Industries President and CEO Chris Moore says business is "really strong" and they're "completely out of space" so the timing is ideal.
Moore says they closed the deal on Thursday.
Bill Chaudoir, executive director of the Door County Economic Development Corporation, says he views it as a good news/bad news scenario.
Brunsvold says they plan to complete their transition to Florida by the end of the year.
Moore says NEW will gradually use the space in the vacated building, starting with warehousing, then light assembly and eventually machinery.
NEW Industries has around 200 employees. Parcus Medical employs about 14.